Sorry, but you’re not fooling anyone here with that canard. The FED is not going to save your overpriced, debtladen lifestyle by hyperinflating and monetizing your gains. That’s not in their best interest. Their primary responsiblity is to protect the USD or we lose reserve currency status (oil denominated in USD)…period…end of discussion.
We have already had massive inflation in the form of M3 credit liquidity growth the manifistation of which was the housing bubble. Eventually, people can no longer service the debt loads and the foreclosure rate spikes are proving that we are at that point.
The only place we are headed for is Asset Price Deflation and Credit Destruction. We are already 77 dead lenders into the latter.
